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Coronado Posts $172M Loss Amid Coal Price Slump and Credit Downgrades
8:20am on Tuesday 12th of August, 2025 AEST
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Mining
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Coronado Posts $172M Loss Amid Coal Price Slump and Credit Downgrades
8:20am on Tuesday 12th of August, 2025 AEST
Key Points
Half-year net loss of $172.4 million due to weak metallurgical coal markets
Revenue declined 32% to $917.1 million compared to prior period
Liquidity boosted by $75 million coal prepayment from Stanwell and $150 million asset-based lending facility
Credit rating downgrades by S&P and Moody’s triggered review events but no immediate covenant breaches
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Coronado Global Resources (ASX:CRN)
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